The Indian Equity Index closed on the second day on 5 June and the Nifty closed at 24,750. Upon closing, the Sensex rose 443.79 points or 0.55 percent to 81,442.04, and the Nifty rose 130.70 points or 0.53 percent to 24,750.90. Nearly 2187 shares rose, 1643 shares declined and there was no change in 146 shares. The highest -edged shares in the Nifty include Eternational, Dr. Reddy’s Labs, Trent, Power Grid Corp, ICICI Bank, while losing shares include IndusInd Bank, Bajaj Finserv, Axis Bank, Tata Consumer, Bajaj Finance. The BSE midcap index increased by 0.4 percent and the smallcap index by 0.65 percent. All other sectoral index except PSU banks, media, autos were closed in green mark, while IT, Metal, Pharma, Realty increased by 0.5–1.7 percent.
The 30 -share BSE Sensex opened at 81,196.08 today with a gain of over 150 points. However, it declined within a few minutes of opening. At 9:24 am, the Sensex rose 98.52 points or 0.12% to 81,096.77. Similarly, the Nifty-50 of the National Stock Exchange (NSE) also opened at 24,691.20 with a slight increase. At 9:25 am, it was trading at 24,663 with a slight gain of 43.45 points or 0.18% percent. Meanwhile, investors will keep an eye on many factors today. These include the second meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), global economic data, activity of foreign investors with global market signals.
Stock market: What indications from global markets?
Mixed business took place in Asian markets on Thursday. The weak data of private sector recruitment in the US has raised concerns about the impact of trade policy uncertainty on the world’s largest economy. Japan’s Nikkei index remained in a decline. While the broad index topics declined by 0.5 percent. Kospi increased by 0.95 percent, ASX 200 increased by 0.2 percent. Dow Jones declined by 0.22 percent on Wall Street. S&P 500 increased by 0.01 percent, while Nasdaq increased by 0.32 percent. On the data front, the market will look at the US’s early unemployment claims, April trade data, the rate of May in China and the rate of European Central Bank. ALSO READ: Stock worth seeing today: Anyone got an order of $ 2.5 million to raise ₹ 20,000 crore, today these 12 stocks will be monitored
FII purchases on Wednesday
Foreign institutional investors (FII) bought shares worth Rs 1,076.18 crore on 4 June. Similarly, domestic institutional investors (DII) bought shares worth Rs 2,566.82 crore on 4 June.
Today iPO
Today there will be no movement in primary markets. Only one IPO can see a stir. The Ganges Bath will enter the IPO (SME) on the second day of subscription.
How was the market on Wednesday?
The market on Wednesday was raised due to hopes of progress in the US-China trade talks and expectations of interest rate cuts by the Reserve Bank of India later this week. The 30 -share Sensex of BSE rose 260.74 points or 0.32 percent to close at 80,998.25 points. The National Stock Exchange (NSE )’s Nifty-50-0.32 percent increased to 24,620 points.
